Hyperloop Transportation Technologies licenses technology in South Korea

Hyperloop Transportation Technologies (HTT) has signed agreements with the South Korean government's department of technological innovation and infrastructure, the Korea Institute of Civil Engineering and Building Technology (KICT) and the country's engineering research school, Hanyang University.
June 23, 2017 Read time: 2 mins

8535 Hyperloop Transportation Technologies (HTT) has signed agreements with the South Korean government's department of technological innovation and infrastructure, the Korea Institute of Civil Engineering and Building Technology (KICT) and the country's engineering research school, Hanyang University.

The Korean Government is committed to make high-speed tube travel a reality in the country and the agreement includes licensing and research development of vacuum state tube infrastructure technologies and a safety management platform, along with a full-scale test bed for the Hyperloop.

It also includes the co-development of safety standards and regulations for the Hyperloop system and licensing HTT technologies such as HTT's levitation and propulsion technology, battery and energy management technology, as well as passenger experience to KICT in the Republic of Korea.

Dirk Ahlborn, CEO of Hyperloop Transportation Technologies said the technology firm is making its developments available to all parties interested in implementing this technology through its licensing program and ensuring there is a worldwide interchangeable standard.

Tai Sik Lee, KICT president, said, "The Republic of Korea continues its tradition of technological advancement and innovation by bringing this technology to life, the government has allocated the necessary resources, we finalised our preliminary research and now are getting ready to implement."

Related Content

  • March 23, 2017
    HTT begins Hyperloop capsule construction
    Hyperloop Transportation Technologies (HTT) has begun construction of the world's first full scale passenger Hyperloop capsule for delivery and an official reveal in early 2018 at HTT's R&D centre in Toulouse, France. The capsule, which is being built in collaboration with aeronautics and aerospace fuselage specialist Carbures, will then be utilised in a commercial system soon to be announced from the ongoing negotiations and feasibility studies currently taking place around the world. The 30m long c
    Read More
  • November 11, 2021
    ITSA & IBTTA applaud Infrastructure Act
    $1 trillion legislation is hailed as 'essential step' in modernising US roads and bridges
    Read More
  • February 1, 2012
    ITS needs continuity at the policy-making level
    ITS needs to be sold to politicians in plainer terms and we need to be encouraging greater continuity at the policy-making level says Josef Czako, chairman of the IRF's Policy Committee on ITS. At the ITS World Congress in New York in 2008, the International Road Federation (IRF) held the inaugural meeting of its Policy Committee on ITS. The Policy Committee's formation, says its chairman, Kapsch's Josef Czako, reflects an ongoing concern over the lack of deployment of ITS technology on roads in anything li
    Read More
  • July 24, 2012
    Driving forward cooperative intersection safety applications
    Gregory Davis, FHWA, John Harding, NHTSA, and Mike Schagrin, ITS Joint Program Office (RITA) chart the course for cooperative intersection safety applications being pursued as part of the IntelliDrive programme. Crashes at intersections accounted for 8,703 highway fatalities in the US in 2008. Research and development is moving forward on IntelliDriveSM safety applications designed to help drivers avoid intersection accidents. These new safety systems could substantially drive down the highway death and inj
    Read More

Highlighted Content